Orbit Exports has informed that the Nomination & Remuneration Committee in its Meeting held on April 02, 2016 at 10:30 A.M., has allotted 9,000 equity shares of Face Value of Rs 10 each to the employees of the Company pursuant to exercise of options under its OEL Employees Stock Option Plan - 2013. The paid up share capital of the Company will accordingly increase from Rs 143,421,500 to Rs. 143,511,500. The new shares rank pari passu in all respects with the existing capital.
The above information is a part of company’s filings submitted to BSE.
